Standard Chartered, the British bank which generates most of its profit in Asia has agreed to sell its Hong Kong and Shenzhen’s consumer finance businesses to a consortium which is lead by the China Travel Financial Holdings Company. The bank has agreed to sell the units for $600 million-$700...

In a deal worth approximately $950 million, Vale, the Brazilian metals and mining giant is selling a stake in its African coal operations to Mitsui & Company, the Japanese trading company. The sale comes at a time when commodity prices for coal have fallen sharply.

While wearable technology has been utilized in vertical sectors such as the military and healthcare for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community.

Standard Chartered, the British bank which generates most of its profit in Asia has agreed to sell its Hong Kong and Shenzhen’s consumer finance businesses to a consortium which is lead by the China Travel Financial Holdings Company. The bank has agreed to sell the units for $600 million-$700...